OilMin Secures K79 Million Seismic Contract with Kumul Petroleum, Boosting PNG’s National Content Development
Gedion Timothy Today Kumul Petroleum Holdings awarded a contract to OilMin Holdings Limited to carry out seismic work in two…
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Khwima Nthara Appointed World Bank Group Country Manager for Papua New Guinea
The World Bank Group has announced the appointment of Mr. Khwima Nthara as its new Country Manager for…
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Kumul Petroleum presents K1 million towards Mulitaka Disaster Relief
Kumul Petroleum Holding Limited has made a significant contribution to the ongoing disaster relief effort in Mulitaka, Enga…
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PNG Makes Strides Towards Stronger Credit Rating, Boosting Economic Prospects
Minister Assisting the Prime Minister on Treasury matters Ian Ling Stucky has reported an improved credit rating for…
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PanAust Delegation Holds Talks with PNG Prime Minister on Sepik Development Project
A delegation from PanAust recently met with Papua New Guinea Prime Minister James Marape to discuss the economic…
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Bank of Papua New Guinea Forecasts Inflationary Pressures for 2024
The Bank of Papua New Guinea has released its Monetary Policy Statement for Quarter 1 2024, projecting an…
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MRDC Concludes Clan Bank Account Awareness Exercise for Hides PDL1 Beneficiaries in PNG LNG Project
The Mineral Resources Development Company (MRDC) has successfully concluded an Awareness Exercise on the Clan Bank Account Opening…
Read MoreUnreliable Power Supply Stifles Economic Growth in Papua New Guinea
A recent report, the Asia Pacific Outlook released in April, has highlighted the crippling effects of an unreliable…
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Prime Minister Marape Applauds Mayur Resources’ Funding for Central Lime Project
Prime Minister and Treasurer, James Marape, expressed his warm welcome to Mayur Resources Ltd for securing US$155 million…
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Ok Tedi Mining Limited Sets New Production Record for Q1 2024
Ok Tedi Mining Limited (OTML) has achieved a significant milestone with a record production result for the first…
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